Asian LNG News - page 40


Nuclear Container Ship Sets Sail to Arctic LNG2

Mar 06, 2019

The nuclear-powered, 260 meter long, 33980 tons deadweight 'Sevmorput' this week sailed from Murmansk to Arkhangelsk where it is to pick up more than 17,000 tons of construction goods.The lighter aboard ship (LASH) system carrier of FSUE Atomflot…

Australia's Best Option is LNG Imports

Mar 06, 2019

Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices.Australia is far from the first country to find itself with an energy issue…

India's Ennore Terminal Gets Qatari LNG

Mar 06, 2019

Qatargas, the world’s largest LNG producer, supplied a commissioning cargo for India’s Ennore LNG receiving terminal, near the southern Indian city of Chennai.The commissioning LNG cargo was delivered onboard the vessel ‘Golar Snow’ on 25th February 2019 by the Swiss commodity trader…

Venture Global Gets LNG Export Approval from US

Mar 05, 2019

Venture Global LNG said on Tuesday it had received approval to export liquefied natural gas (LNG) from its Louisiana facility to non-free trade agreement countries.The company said the U.S. Department of Energy's (DOE) Office of Fossil Energy…

Total Buys 10% Stake in Arctic LNG 2

Mar 05, 2019

Total has agreed to buy a 10 percent stake in the Arctic LNG 2 project from Russia's Novatek, as the French energy group looks to build up its presence in the area to service a fast-growing Asian market.The companies said on Tuesday Total would…

Cheniere's First LNG Train Almost Complete

Mar 05, 2019

Cheniere Energy and Bechtel Oil, Gas and Chemicals said that they have achieved substantial completion of Train 1 of the Corpus Christi LNG Project.Commissioning is wrapped up and Bechtel has turned over care, custody, and control of Train 1 to Cheniere Energy…

Spanish Port Hosts First LNG Operations

Mar 01, 2019

The port of Ferrol hosted its first liquefied natural gas (LNG) bunkering operation recently which saw two ferries filled with LNG by Repsol in the port’s Mugardos terminal.Recently built by Turkish shipyard Tersan, the Samnøy and Huftarøy ferries…

LNG Meets IMO Goals: SEA\LNG

Mar 01, 2019

The consortium promoting the commercial case for liquefied natural gas (LNG), SEA\LNG, believes LNG is a viable pathway to meet the International Maritime Organisation (IMO)’s 2050 Greenhouse Gas (GHG) targets.The maritime industry really has…

Vitol and KOMIPO Sign LNG Pact

Mar 01, 2019

South Korea's Korea Midland Power (KOMIPO) and Vitol Asia have signed a memorandum of understanding (MOU) on cooperation in various sectors including liquefied natural gas (LNG).Under an existing long-term Supply and Purchase Agreement (SPA)…

LNG Only Fills Niches in Europe

Feb 28, 2019

Although LNG (Liquid Natural Gas) provides a solid supplement to European gas supplies, the EU is and will remain a pipeline market – for good reasons, said Wintershall's new position paper.The report from Germany's largest crude oil and natural…

Gasum's Coralius Made 100th LNG Bunkering

Feb 28, 2019

Nordic energy company Gasum said that its liquefied natural gas (LNG) bunker vessel, Coralius, made its 100th bunkering on February21. Coralius is operating on behalf of Gasum (former Skangas) and the vessel mainly operates in the North Sea and the Skagerrak area…

Global LNG Demand to Rise by 35mt in 2019

Feb 28, 2019

Global liquefied natural gas (LNG) supply is set to rise by 35 million tons (mt) in 2019, Trend reports with reference to forecasts of Royal Dutch Shell. Acording to Shell’s latest annual LNG Outlook, Europe and Asia are expected to absorb all this additional supply…

LNG Rates Hit Record in 4Q: Flex LNG

Feb 28, 2019

During the fourth quarter ended December 31, 2018, spot LNG rates reached record levels as market players were positioning themselves ahead of the winter season, said Flex LNG.According to the UK-based provider of LNG Shipping with a focus on…

Golar Bullish on LNG Market

Feb 27, 2019

Through the provision of cheaper and cleaner energy the liquefied natural gas (LNG) market will likely take market share from coal and oil and sustain industry growth levels of around 10% for the foreseeable future, said Golar LNG.The shipping…

Chesapeake Beats Street, Predicts Higher Output

Feb 27, 2019

Chesapeake Energy Corp's quarterly profit beat analysts' estimates on Wednesday and the company said it expects to produce more crude oil in 2019, boosted by its acquisition of WildHorse Resource in October.Chesapeake's shares rose 10 percent before the opening bell…

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